I really hope that AOE's Management are reading these threads, and read our opinions properly before making a rushed decision.
I would like, as I posted many times already, for AOE to continue on in their Merry ways of doing things. IMHO we would all be a very happy bunch of guys in a few years down the track. I have no hesitation whatsoever in saying that. Because, Shell knows what we have got. They have access to our data room, and they know what they want. Hence why they never intended to help along that time that BG took over PES. AOE would have become too big and too powerfull for them to be able to control.
The price per gigajoule they are offering is pitiful to say the least. I hope that sense will prevail, and that the offer will be better than what we currently have.
I still think that an approach to Petrochina from our Management is the way to go and it will change things for the better.
Good luck,
Buddy
AOE Price at posting:
$5.29 Sentiment: None Disclosure: Held